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Jun 21, 2013
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where's the underlying growth in this economy? >> well, my question is where is the underlying growth in the world? is because one of the things that was moving the markets yesterday are these signs that the chinese economy is slowing. well, that's what we could always count on was that china was going to grow at 10% or 9% or 8% a year at minimum. and if there is underlying weakness in what is now the world's second largest economy and some day will be the largest, that ain't good for all the rest of us. europe is worse off than we are. so one understands why investors are nervous, and bernanke is saying, well, i think we're going to start siphoning off some of this froth. you know, kind of threw everybody off the cliff. >> some of the underlying growth over the last few years, you look at the enormous geographic pivot that's taken place in the united states that's allowed for greater energy exploration and production. whether you're a fan of fossil fuel or not, we can't deny this has created jobs. it's added to gdp, and frankly,
where's the underlying growth in this economy? >> well, my question is where is the underlying growth in the world? is because one of the things that was moving the markets yesterday are these signs that the chinese economy is slowing. well, that's what we could always count on was that china was going to grow at 10% or 9% or 8% a year at minimum. and if there is underlying weakness in what is now the world's second largest economy and some day will be the largest, that ain't good for all...
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Jun 19, 2013
06/13
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syria is sure to come up as well as the economy is going to be addressed, the global economy. so we'll be watching that news conference. dip back in if necessary and bring you all the details. john meacham is still with us from washington. here with us now this hour, former director of white house domestic policy council and ceo of melody barnes solutions, melody barnes. also with us, former foreign policy adviser to the bush administration and former adviser to the romney campaign, dan seymour back at the table. >>> i'll tell you that, first question is a tough one. you have the president announcing we're going to have peace talks with the taliban. a couple of hours later, the taliban attacks and kills four americans. then you have the president of afghanistan saying they're suspending talks with the u.s. obviously, afghanistan still a mess. the nsa, we're talking about the situation there. also, the top of the news, obesity is in play here, where it's now -- what do i understand? it is now being determined -- >> it's being labeled. >> is labeled a disease. >> a disease. >> h
syria is sure to come up as well as the economy is going to be addressed, the global economy. so we'll be watching that news conference. dip back in if necessary and bring you all the details. john meacham is still with us from washington. here with us now this hour, former director of white house domestic policy council and ceo of melody barnes solutions, melody barnes. also with us, former foreign policy adviser to the bush administration and former adviser to the romney campaign, dan seymour...
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Jun 18, 2013
06/13
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we live in a superstar economy. >> e.j., we live in a superstar economy. you base your column in a speech that was actually given by alan krueger at the rock and roll hall of fame in cleveland. talking about the dangers of growing in come inequality. we hear it from the left and the right. alan greenspan says it's one of the greatest threats to american capitalism. what do we do about it? >> there's a number of things we can do about it. i thought the speech was very powerful because how do you get people to talk about inequality. putting it into the context of rock, the theme really is, it's a long way to the top if you want to rock and roll. the difference between the top and the bottom is bigger. i think we're taking some steps already on taxation. i think we need to do a lot more to help people at the bottom end of the economy stay in school longer, go to community college. i think that's part of it. but we also need just a fair bargain between labor and capital. justin wolfer, the economist, put out some charts yesterday that showed not only in the un
we live in a superstar economy. >> e.j., we live in a superstar economy. you base your column in a speech that was actually given by alan krueger at the rock and roll hall of fame in cleveland. talking about the dangers of growing in come inequality. we hear it from the left and the right. alan greenspan says it's one of the greatest threats to american capitalism. what do we do about it? >> there's a number of things we can do about it. i thought the speech was very powerful...
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Jun 20, 2013
06/13
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because they have a much more optimistic view of the economy. here's a chart to give you a flavor for what the economists are looking at, which is projected monthly job growth. now, we know the economy is still not doing everything we want, but over the past year private economists have gone from predicting something like 140,000 jobs a month over the coming year and now predicting something like 187,000 jobs a month. >> that would be great. it's still below where we want to be. but the new normal is 130 to 140. if the new normal changes to 180, maybe week get over that. the 200,000 mark is what economists say time and time again if you want to keep things going in the right direction. you have to create at least 200,000 jobs. >> it feels like that number keeps going up. it used to keep trading water but now it moved up to 200,000. >> this is not great. we'll have high unemployment for another six to seven years, but the point is the outlook is getting better with the fed making projections yesterday. so bernanke is talking about reducing the bo
because they have a much more optimistic view of the economy. here's a chart to give you a flavor for what the economists are looking at, which is projected monthly job growth. now, we know the economy is still not doing everything we want, but over the past year private economists have gone from predicting something like 140,000 jobs a month over the coming year and now predicting something like 187,000 jobs a month. >> that would be great. it's still below where we want to be. but the...
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Jun 17, 2013
06/13
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>> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively. that's always been a much more important issue to europeans than it ever has been in the united states. and you sort of take all of that into account and so there certainly is -- you know, the shine has worn off. two years ago when president obama would come over here, you know, you know, figuratively throwing rose pe petals at his feet. he still has a huge audience a few hours ago in belfast for a speech he gave that was addressing northern ireland youth. he's going to get a huge number of people at the brandenburg gate when he makes th
>> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively....